Inside sources say Goldman Sachs is already onboarding some of its clients to trade on its Bitcoin derivatives, non-deliverable forward (NDF) contracts platform. However, the bank reportedly has no plans to launch trading support for other cryptocurrency derivatives but is serious about providing custodial services.

Goldman Trading Bitcoin Derivatives?

According to the International Business Times, the Wall Street Bank is allowing a select group of clients trade a Bitcoin-based derivative product. The lack of fanfare around the reported launch might be a deliberate attempt by Goldman Sachs to work out all the kinks from the project before the major launch. Read more...

After months of conflicting reports, it looks like investment banking giant Goldman Sachs (GS) is now onboarding clients to adopt its new Bitcoin (BTC) derivative product. According to a recent report by The Block that cites insiders familiar with the matter, Goldman Sachs is currently introducing a small number of institutional investors to its bitcoin non-deliverable forward […]SludgeFeed

Another Swiss private bank has announced in a statement that it’s open to on-board cryptocurrencies. Maerki Baumann private bank in Zurich is open to accepting assets that were generated with cryptocurrencies, “under the condition that strict regulatory and legal requirements are fully complied with,” Managing Director Stephan Zwahlen told news.Bitcoin.com.